8 days on rocket

296 NW 59th St, Miami, FL, 33127

$425,000

Home List Price

$5,047*

Closing Credit

2 Bedrooms
1 Full Bath
1,112 SqFt
$382/SqFt
House

Location

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296 NW 59th St, Miami$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage2 spaces
Year Built1935
HeatingNone
CoolingNone
ViewOther
MLS #A11702294
StatusActive

About 296 NW 59th St

Bring your builder! Corner lot zoned for multi-family with APPROVED demo and building permits. Take advantage of this opportunity to start building immediately after closing. $75,000 invested towards approved plans and paid permit fees accompany the sale. Buyer receives MDC approved plans for a 3 bedroom / 3 bathroom with a pool & outdoor kitchen. Planned new build was designed to maximize Airbnb rental returns. Located in culturally vibrant Little Haiti and just 5 mins to the Design District and 15 mins to Wynwood. Nestled in the heart of Miami, Little Haiti stands as a cultural gem. This vibrant neighborhood, often referred to as the cultural soul of Miami, has evolved tremendously with several new construction projects on this block. Great investment opportunity, don't miss out!

Property Details

Property Features

Property Information:

  • Architectural Style: One Story, Spanish/Mediterranean
  • Year Built: 1935
  • Stories: 1
  • Living Area: 1,112 SqFt

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (305) 865-9811
  • Listing Agent: Wendy Cohen

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Other
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Fruit Trees

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 296 NW 59th St
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Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $382/SqFt

Tax Information:

  • Annual Amount: $3,487
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

296 NW 59th St vs Miami

8 DAYS ON ROCKET

-52 Days

$425,000

-$140.6K Less

$382/SqFt

-$10 Less

KEY TAKEAWAY

This property is $140.6K less than the Median Sold Price and $10/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11702294

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (305) 865-9811
  • Listing Agent: Wendy Cohen

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,487$145,879
2018$3,087$129,246
2017$1,616$86,516

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1704032
7
/10
  • Edison Park K-8 Center

  • 500 NW 67th St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-1704033
7
/10
  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-1704034
7
/10
  • Shadowlawn Elementary School

  • 149 NW 49th St

  • 0.61 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,534. Most Miami, FL residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 296 NW 59th St

What is the listing price of this property?

The listing price of 296 NW 59th St property is $425,000.

What type of property is this?

The property 296 NW 59th St is a house located in Miami, Florida, 33127.

Is this property for sale now?

Active Listing: 296 NW 59th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,487 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 296 NW 59th St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 296 NW 59th St is 1,112 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 296 NW 59th St is 1935.

Rocket HomesFloridaMiami-Dade CountyMiami33127296 NW 59th St

This home is located at 296 NW 59th St in Miami, FL and zip code 33127 in the Buena Vista neighborhood. This 1,112 square foot home was built in 1935. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $425,000.

In November 2024 more than 38 listings in Miami, FL were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 445 were sold below. The number of listings in Miami, FL increased by 6.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 60 days, the median list price was $565,671.

From Rocket Homes Real Estate and based on county public records data.

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